ACCRUED LIABILITIES

3 Months Ended

Aug. 27, 2023

ACCRUED LIABILITIES

ACCRUED LIABILITIES

8.   ACCRUED LIABILITIES

The components of accrued liabilities were as follows:

	August 27,		May 28,
(in millions)	2023		2023
Compensation and benefits	$	101.9	$	187.5
Accrued trade promotions		86.6		86.1
Taxes payable		65.5		21.2
Dividends payable to shareholders		40.8		40.8
Current portion of operating lease obligations		28.9		28.5
Derivative liabilities and payables		23.1		53.9
Accrued interest		18.9		31.1
Plant utilities and accruals		15.3		27.2
Other		30.0		33.5
Accrued liabilities	$	411.0	$	509.8